I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

The Bitcoin's price is always volatile and that's a known fact about it since its creation almost. There is no new thing here, just you need to deal with it. But in the near future, the price will (most likely) keep rising for a while.

thanks for your reply and interest. I agree, quite high volatility has been here and will be here, but from a personal standpoint I am a bit worried about the price rise as I do not understand the reason for that at the moment.

But back to the question: What would be indicators which would let your alarm bells ring?

Bitcoin, as well as other crypto currencies, doesn't depend on the local economy or some industry, like AUD or ZAR. The volatility cannot be easily predicted and you cannot build your forecast on the well-known factors.There is the general expectation that BTC will reach $25,000-50,000 in 2020-2022, but it is the estimated forecast without any exact evidence.

The Bitcoin's price is always volatile and that's a known fact about it since its creation almost. There is no new thing here, just you need to deal with it. But in the near future, the price will (most likely) keep rising for a while.

I agree, this has been an ongoing debate for so long. Bitcoin's price had been volatile ever since so I don't know why people keep on asking about its volatility.

The Bitcoin's price is always volatile and that's a known fact about it since its creation almost. There is no new thing here, just you need to deal with it. But in the near future, the price will (most likely) keep rising for a while.

I agree, this has been an ongoing debate for so long. Bitcoin's price had been volatile ever since so I don't know why people keep on asking about its volatility.

Well, I have a lot of discussions with non-Bitcoin users (i.e. my PhD supervisor or research partners) and volatility is the number they look at (next to the price).

The volatility is part of Bitcoin's history on free market.People seem to not care of volatility while the price increases, whether slowly or very quick. Same people may be quite concerned if the price decreases, especially if the happens over long periods of time.It may look strange, but much more than other assets, people really expect from Bitcoin to reach very high valuation.At least this is my guess.

no. but for now I will keep all my bitcoins. and expect no transaction using bitcoin abruptly. for now we better hold our bitcoin and wait for the right time with a more stable price and more conducive situation.

no. but for now I will keep all my bitcoins. and expect no transaction using bitcoin abruptly. for now we better hold our bitcoin and wait for the right time with a more stable price and more conducive situation.

Hi, I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned? The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Volatility can be a great concern for any other assets most especially the fiat money but as for Bitcoin it is not alarming at all...since volatility has been a permanent feature of this cryptocurrency for a long time now. Volatility can work both ways...and it can drive fear to someone and can be a magnet for another one...depending on how we understand it in light with Bitcoin.

We have already accepted that volatility is becoming like the twin brother of Bitcoin. Now, the question is: Is there a correlation between volatility and the potential for Bitcoin to pop like a bubble? Or volatility is what makes Bitcoin really attractive to many Bitcoin enthusiasts?

I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Thanks for your help,Marcel

I think that many people will be happy when the bitcoin price increases, so it will benefit them. But the fluctuations are quite unusual, causing many to argue about it. The bitcoin price suddenly rose too high and they were afraid it would collapse at any time...

Volatility of bitcoin has been an issue ever since I have known it (2015) and I think it will still be even after a few more years. I stopped worrying about it and took it as an opportunity. It will be like this for a few more years so better be used to it. I hope it gets more stable but I do not mind the volatility anymore.

Yes I'm certainly worried about high Bitcoin price, several factors that pump Bitcoin price is due to North Korea launching missiles to Japan. I'm worried that if Bitcoin bubble burst then a lot of people would get hurt financially, get into debt, 0 life savings and etc.

no. but for now I will keep all my bitcoins. and expect no transaction using bitcoin abruptly. for now we better hold our bitcoin and wait for the right time with a more stable price and more conducive situation.

Even I am thinking the same. Bitcoin's price has been increasing high enough for past few months and it would be better to hold the coins and sell it at a better price later.Its huge increase in price also gives me goosebumps as it is an indication of a fall in price soon. The more increase in price, the more chances for it to fall a little.But i strongly feel that it won't go fall any sooner. Its price is to cross $5000 which will make a huge impact on the society. There are chances that more people buy it once they get to know about it.

no. but for now I will keep all my bitcoins. and expect no transaction using bitcoin abruptly. for now we better hold our bitcoin and wait for the right time with a more stable price and more conducive situation.

Even I am thinking the same. Bitcoin's price has been increasing high enough for past few months and it would be better to hold the coins and sell it at a better price later.Its huge increase in price also gives me goosebumps as it is an indication of a fall in price soon. The more increase in price, the more chances for it to fall a little.But i strongly feel that it won't go fall any sooner. Its price is to cross $5000 which will make a huge impact on the society. There are chances that more people buy it once they get to know about it.

I agree, it definitely causes media attention, but the higher the price gets, the fewer people (or newbies) will think, now might be a good time to invest... Or am I wrong?

Bitcoin price has always been very volatile for years, i even saw price drop more than 50% in a day. I wouldn't worry about volatile bitcoin price as long as bitcoin still have potential to be global currency or the price isn't crashed way too much.